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First City Bank pays 0.094 percent simple interest on its savings account balances, whereas Second City Bank pays 0.091 percent interest compounded annually. If you

First City Bank pays 0.094 percent simple interest on its savings account balances, whereas Second City Bank pays 0.091 percent interest compounded annually. If you made a deposit of $8,600 in each bank, how much more money would you earn from your Second City Bank account at the end of eight years?

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